Market Flat-Equity Market News Today, Money Maker Research Pvt.Ltd

stock tips today Market is seen open flat to slightly lower, trading of 50 index future on the Singapore stock exchange indicates the the nifty could fall 2 points at the opening bell. In overseas stock markets, Asian stocks witnesses a mixed trend. In Japan, the Nikkei 225 average was currently down 0.4%. Further easing of monetary policy form the bank of Japan after the conclusion of a two-day monetary policy meeting Today, 29 July 2016. Strength in the YEN against the dollars post last month’s Brexit vote and data showing a slowdown in the Japanese economy have triggered expectations of further easing of monetary policy from the BOJ. A stronger YEn hurts the competitiveness of Japanese exporters.

Intraday Nifty resistance and support levels-
Resistance levels- R1 8740 R2 8810
Support levels- S1 8600 S2 8530

Live Update- The 30-share Sensex down 39.00 points or 0.14% at 28169.62 and The 50-share Nifty index up 2.75 points or 0.03% at 8669.05.

Among Eichermot 3.25%, Cipla 2.47%, Bajaj Auto 2.01%, Tata Steel 1.83%, Adani ports 1.80%, Tata power 1.77%, BPCL 1.59%, ACC 1.45% were top Gainers today.
While ICICI bank 2.70%, BHEL 2.28%, Bharti Airtel 2.06%, HDFC 1.57%, LT 1.14%, Wipro 0.93%, InfraTel 0.76%, NTPC 0.66%, Reliance 0.57% were top Losers today.

Stock Trading Calls-
Cash Call- BUY RSSOFTWARE above 93 targets 93.9 … … Stop loss
Cash Call- BUY Tata communication below 440 targets 438 … … Stop loss
Cash Call- SELL PNB below 126 targets 125.5 … … Stop loss
Option Call- BUY RCOM 50 call above 4.7 targets 4.95 … … Stop loss

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